Defense spending has been set approximately $700 billion for the year of 2018, with an array of awarded contracts finding their way into Arizona. A $16 billion increase is projected for the year of 2019.
Honeywell, Boeing, and General Dynamics continue to be consistent candidates for contracts, with smaller organizations such as… Read More
Construction activity is robust in the Phoenix market, and is expected to continue through at least the first half of 2018 based on current forecasts. Office, industrial and multifamily development is at an all-time high, and there are many new ground-up, build-to-suit projects underway throughout the… Read More
Metro Phoenix had the third-lowest yearly delay per auto commuter among very large urban areas (population over 3.0 million) in the United States, according to Texas A&M University’s Annual Urban Mobility Scorecard. With 51 hours of extra travel time per auto commuter annually, Phoenix ranked just behind Philadelphia and San Diego, which recorded 48 and 42 hours of delay, respectively.